Phillips 66 (PSX) announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services and Glass Lewis. “We disagree with the recommendations issued by ISS and Glass Lewis,” said the Phillips 66 Independent Directors. “We remain committed to engaging with and listening to our shareholders on the issues in this campaign.”
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Read More on PSX:
- Phillips 66: Buy Rating Amid Activism and Strategic Restructuring Potential
- Phillips 66 price target raised to $138 from $132 at Mizuho
- ISS recommends that Phillips 66 shareholders vote for Elliott board nominees
- Phillips 66 price target raised to $115 from $106 at Barclays
- Glass Lewis recommends support Elliott for board change at Phillips 66
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